Community Development Bankers Association

Community Development Bankers Association CDBA is the national trade association of the community development banking sector. We are the voice and champion of banks and thrifts with a mission to serve low and moderate income communities.

We strive to educate policy makers, regulators, legislators, and the general public on the importance of Community Development Banks, the unique circumstances under which they operate, and the special needs our institutions have. CDBA seeks to lead the growth and development of our sector in a manner that builds healthy institutions with the capacity to promote access to capital and financial services in distressed and underserved communities.

Mission: We are the voice and champion of banks and thrifts with a mission to serve low and moderate income communities.

Operating as usual

06/16/2020
Caring for our Community

In times of crisis, we're proud to have members like Planters Bank and Trust Company. Planters was able to support their community with $78 million in PPP loans, aiding every single business that applied. Their new video is below:

https://www.youtube.com/watch?v=o_a3KJ82s0g

Video created for the 2020 Stockholders Video.

CDBA Reaffirms Commitment to Racial Justice in Bankinghttp://cdbanks.org/cdba-reaffirms-commitment-racial-justice-bankin...
06/11/2020
CDBA Reaffirms Commitment to Racial Justice in Banking | Community Development Bankers Association

CDBA Reaffirms Commitment to Racial Justice in Banking

http://cdbanks.org/cdba-reaffirms-commitment-racial-justice-banking

The Community Development Bankers Association (CDBA) stands in solidarity with black communities in calling for an end to systemic racism and police violence. In response to the national events of the last two weeks, we say black lives absolutely do matter. There is no excuse for racism of any kind.

06/11/2020
Virginia Community Capital - VCC

Virginia Community Capital - VCC

We filmed this video a few months ago, before the coronavirus pandemic uprooted life for all of us — and impacted restaurants like Nomad Deli. So we held the video for some other day.

Then came the protests in the wake of the killing of innocent Black people, which have amplified the systemic racism that exists in many of our societal institutions. More must be done to reform our systems and infrastructure to promote racial equity and justice. We believe much of this change will be led through supporting Black-owned businesses like Nomad Deli & Catering Company and entrepreneurs like Anthony Tucker.

We hope you enjoy his story.

https://www.youtube.com/watch?v=1Pv0-dHGvwE&t=2s

Special thanks to the Community Development Bankers Association for producing this video and telling our communities' stories.

TODAY AT NOON: bankers from 2 of our member banks will be testifying to the House Committee on Financial Services on #CD...
06/03/2020
Virtual Hearing - Promoting Inclusive Lending During the Pandemic: Community Development Financial Institutions and Minority Depository Institutions | Financial Services Committee

TODAY AT NOON: bankers from 2 of our member banks will be testifying to the House Committee on Financial Services on #CDFI and #MDI work during #COVID19. Watch Michael Pugh of Carver Federal Savings Bank and James Sills of M&F Bank in half an hour:

https://financialservices.house.gov/calendar/eventsingle.aspx?EventID=406609

06/02/2020
Banking for Good - COVID Crisis Series 9 - Anchor Shred and Recycle Co. and Optus Bank

"Why would I go anywhere else" - Gail Wilson of Anchor Shred & Recycle Company LLC on Optus Bank

Wilson and Optus are featured in the 9th installment of our #BankingForGood series.

The series features short videos highlighting the 24-hour work mission-driven banks are doing to help their borrowers stay afloat during the COVID crisis. Watch the series on our new YouTube channel!

https://www.youtube.com/watch?v=Iu_b2mzk-J0&t=4s

The COVID-19 crisis has hit low- and moderate-income communities the hardest. During the crisis, community development banks have been working overtime to pr...

05/21/2020
Banking for Good - COVID Crisis Series 7 - United Way of Southeast Mississippi and CNB Meridian

"Citizens National Bank really give back to their community in so many ways" -Tracie Fowler, President/CEO of United Way of Southeast Mississippi

United Way and Citizens National are featured in the 7th installment in our Banking for Good - COVID Crisis Series.

The series features short videos highlighting the 24-hour work mission-driven banks are doing to help their borrowers stay afloat during the COVID crisis. Watch the series on our YouTube channel!

https://www.youtube.com/watch?v=sREVxNCYTb8&t=5s

The COVID-19 crisis has hit low- and moderate-income communities the hardest. During the crisis, community development banks have been working overtime to pr...

05/12/2020
Banking for Good - COVID Crisis Series 5 - Memphis Made Brewing and Guaranty Bank & Trust Co

“I’ve personally sent at least five businesses and nonprofits to Guaranty Bank & Trust Company” -Drew Barton of Memphis Made Brewing Co.

Barton and Guaranty are featured in our 5th installment in our Banking for Good - COVID Crisis Series.

The series features short videos highlighting the 24-hour work mission-driven banks are doing to help their borrowers stay afloat during the COVID crisis. Watch the series on our new YouTube channel!

https://www.youtube.com/watch?v=XcUXi8yl1NY&feature=youtu.be

The COVID-19 crisis has hit low- and moderate-income communities the hardest. During the crisis, community development banks have been working overtime to pr...

Great recognition for CDBA member Optus Bank's financial success, all while investing nearly 90% of their loans in low-i...
02/21/2020

Great recognition for CDBA member Optus Bank's financial success, all while investing nearly 90% of their loans in low-income communities or minority businesses or homes.#BankingforGood

Combining mission and margin: Optus Bank continues its turnaround, increasing its assets and turning a profit, while keeping focus on community lending, including to underrepresented populations: https://bit.ly/3bVnjW0

CDFI Coalition
10/04/2019
CDFI Coalition

CDFI Coalition

Great press release from Inclusiv Credit Unions and Community Development Bankers Association on the success of the BEA Program. The CDFI Fund announced those awards last week, supporting 38 CDFI Banks and 18 CDFI Credit Unions lending in distressed communities.

08/19/2019
Bank of Anguilla - Mississippi Floods

CDBA member Bank of Anguilla has worked with the communities of the South Delta in Mississippi for 115 years, and will continue to support and provide relief to the farmers, families, and businesses affected by the Mississippi Backwater Flood of 2019 for years to come. Check out this moving video detailing the effects of the flood.

The Mississippi Backwater Flood of 2019 has been a devastating event for the residents of the South Delta in Mississippi. The people, farms, businesses, home...

Community Development Bankers Association's cover photo
06/25/2019

Community Development Bankers Association's cover photo

Representative Trent Kelly
06/25/2019

Representative Trent Kelly

Had a great group of people from the Community Development Bankers Association stop by to see us today. #MS01

03/28/2017
cdbanks.org

President Trump proposes to immediately slash job creation program aimed at nation’s most economically distressed communities. Immediate cuts to the #CDFIFund will imperil economic prospects for millions in America’s most distressed rural, urban and Native American communities.

https://tinyurl.com/CDBAstatementFY17

03/16/2017
cdbanks.org

"Proposed Elimination of the #CDFIFund will will close off economic opportunity for millions of hardworking people in America’s hardest hit communities."

Read more in Community Development Bankers Association's press release: https://tinyurl.com/cdbapress

A theoretical physicist made this awesome map of how dollar bills move. Dollars are less likely to cross the darker blue...
02/28/2014
A New Map Of The U.S., Created By How Our Dollar Bills Move

A theoretical physicist made this awesome map of how dollar bills move. Dollars are less likely to cross the darker blue lines.
See any surprises?

Using a site that tracks dollar bills, a theoretical physicist noticed that our state boundaries are rather arbitrary, but that money tends to stay...

You won't believe the outrageous predatory lending practices in this article. Borrowers are charged astronomical rates, ...
12/13/2013
When Lenders Sue, Quick Cash Can Turn Into a Lifetime of Debt

You won't believe the outrageous predatory lending practices in this article. Borrowers are charged astronomical rates, then sued when they can't make the payments.
Let's keep fighting for high-quality capital in neighborhoods that need it!
http://ow.ly/rKOVv

High-cost lenders exploit laws tipped in their favor to sue tens of thousands of Americans every year. The result: A $1,000 loan grows to $40,000.

The Guardian has a profile of CDBA Member One PacificCoast Bank. They're introducing a new credit card which benefits th...
11/14/2013
A bank with a mission to drive a movement

The Guardian has a profile of CDBA Member One PacificCoast Bank. They're introducing a new credit card which benefits the Sierra Club's environmental campaigns.
"There's a world of opportunity there. This is not just a product. It's a movement."

One PacificCoast Bank is driven by a mission to serve low-income communities and the environment and has partnered with the Sierra Club to make it...

A special Halloween Edition of the CDBA Newsflash! So much essential community development banking news it's scary!This ...
10/31/2013
Newsflash - October 30, 2013 | Community Development Bankers Association

A special Halloween Edition of the CDBA Newsflash! So much essential community development banking news it's scary!
This week: Community Bank of the Bay names a new chairman and posts another profitable quarter; the CDFI Fund opens the FY 2014 funding round for the CDFI and NACA Program; CDFIs help business get back to normal one year after Sandy; microcredit takes off in the USA; and much more!
http://ow.ly/qmfTE

Oakland-based Community Bank of the Bay has appointed a new chairman, Bill Purcell, and a new vice chairman, Gunter Unruh. The bank, led by...

There was so much essential community development banking news this week that we could hardly fit it all in the Newsflas...
10/23/2013
Newsflash | Community Development Bankers Association

There was so much essential community development banking news this week that we could hardly fit it all in the Newsflash!
This week: A Door Worth Walking Through for Charles St., A.M.E. Church; the CDFI Fund Releases Application Demand for 2013/2014 Round of New Markets Tax Credit Program; a report on Small Business Lending Fund Participants’ Small Business Lending Growth; Boston and Minneapolis Mandate 'Responsible' Lending by Banks; EBay Probed by Regulator Over Loans Pioneered by Payday Lenders; AND MORE.
Check it out:

CDBA emails its members recent industry news summaries at least once per month. If you know of something newsworthy taking place in the community...

The CDBA Newsflash is online today, with all the week's essential Community Development Banking news!This week: One Paci...
10/17/2013
Newsflash | Community Development Bankers Association

The CDBA Newsflash is online today, with all the week's essential Community Development Banking news!
This week: One PacificCoast Bancorp completes the recapitalization of Albina Community Bank; a bankruptcy judge rejects Charles St. A.M.E. Church's repayment proposal to OneUnited Bank; and Talmer Bancorp takes over Capitol Bancorp's four remaining banks.
http://ow.ly/pV3CC

CDBA emails its members recent industry news summaries at least once per month. If you know of something newsworthy taking place in the community...

The CDBA Newsflash is online today, with all the week's essential Community Development Banking news!Did you know that y...
10/11/2013
Newsflash | Community Development Bankers Association

The CDBA Newsflash is online today, with all the week's essential Community Development Banking news!
Did you know that you can get the Newsflash sent straight to your email inbox? It's true! Just fill out our Newsflash Signup form.
http://ow.ly/pJsKF

CDBA emails its members recent industry news summaries at least once per month. If you know of something newsworthy taking place in the community...

In the coming months, the Canton Housing Authority will provide critical home repairs for 45 very low- to low-income hom...
04/16/2013
BankPlus and FHLB Dallas Grant Assists Canton Homeowners

In the coming months, the Canton Housing Authority will provide critical home repairs for 45 very low- to low-income homeowners in Canton, Mississippi. This initiative is funded by the Housing Authority, the Federal Home Loan Bank of Dallas, and CDBA member BankPlus. FHLB Dallas and BankPlus awarded the housing authority a $495,000 Affordable Housing Program (AHP) grant in 2012 to help fund the project.

"I'm excited to work with the Canton Housing Authority to assist eligible households in Canton with needed home repairs," said BankPlus First Vice President and Director of Affordable Housing Mark Ouellette. "This is something we've discussed over the years and upon presenting the grant application in 2012, the Federal Home Loan Bank of Dallas decided to fully fund the request. I believe this collaboration will have a tremendous impact on many deserving families."

http://www.globenewswire.com/NewsRoom/Attachment/18085

Federal Reserve Board Chairman Bernanke spoke at the Federal Reserve's research conference last week in Washington, D.C....
04/15/2013
FRB: Speech--Bernanke, Creating Resilient Communities--April 12, 2013

Federal Reserve Board Chairman Bernanke spoke at the Federal Reserve's research conference last week in Washington, D.C. In his speech entitled "Creating Resilient Communities," Chairman Bernanke correctly noted that "successful strategies to rebuild communities cannot focus narrowly on a single problem." Rather, "progress requires multipronged approaches that address housing, education, jobs, and quality-of-life issues in a coherent, mutually consistent way." Read the full text of his remarks here: http://ow.ly/k4Rfk

The Federal Reserve Board of Governors in Washington DC.

American Banker features CDBA member One PacificCoast Bank in piece on small banks providing alternatives to payday lend...
03/27/2013
Small Banks Developing Ways to Compete Against Payday Lenders

American Banker features CDBA member One PacificCoast Bank in piece on small banks providing alternatives to payday lenders. One PacificCoast Bank has a great alternative to paycheck advances - it offers a service to employers that lets workers take out small-dollar loans http://ow.ly/jtx2a

Credit lines and expanded overdraft programs are being considered as alternatives for banks that want to curb their customers use of payday loans.

Address

1444 Eye St NW, Ste 201
Washington D.C., DC
20005

Opening Hours

Monday 09:00 - 17:00
Tuesday 09:00 - 17:00
Wednesday 09:00 - 17:00
Thursday 09:00 - 17:00
Friday 09:00 - 17:00

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